SeaWave LLC, a wireless communications company serving the maritime industry, is proud to announce its most recent addition to the Integrator product line, the Integrator 3.0i. The Integrator 3.0i features a built-in Iridium voice and data modem that allows any vessel to combine Integrator’s Least Cost Routing and SeaWave’s signature Throughput Technology with the low cost service fees of the Iridium constellation creating a low cost, highly available communications system. The Integrator 3.0i’s state-of-the-art technology may be installed as a stand alone system or combined to leverage your customer’s existing communications system into one least cost routing network. The end result is the most powerful and affordable communication service available.
The Company: Gencorp Insurance Group provides the Insurance and Surety needs of Marine Contractors, Vessel Operators and Shipyards throughout the country and Caribbean. Gencorp’s Marine Group facilitates the coverage placement and claims settlement for all insureds, utilizing a team that has a Maritime Academy background or professional waterfront experience. Ask any group of Owners to design and build a full service insurance brokerage with all of the services and resources that they
The U.S. Coast Guard recently received a demonstration of two Spillaway brand bio-remediation products, which contain live bacteria or spores that "eat" oil and fuel. Spillaway products are distributed by MEM International. Bio-remediation uses naturally occurring microorganisms to degrade harmful chemicals into non-toxic compounds. Microorganisms break down a wide variety of organic compounds that are found in nature to obtain energy for their growth
The U.S. Navy has given its final approval for Lockheed Martin to proceed with the integration and shipboard installation of the world's first, fully-open architecture Aegis weapon system for a major surface warship. Aegis Open Architecture will be installed in the cruiser USS Bunker Hill (CG 52) during its Depot Modernization Period (DMP), scheduled to commence in February 2008. Aegis Open Architecture will allow the Navy to stay on technology's
The Louisiana Immersive Technologies Enterprise (LITE) and Global Industries partnered to share LITE visualization technology and high performance computing capabilities with oil and gas industry leaders at OTC in Houston. “Our hosts for OTC, Global Industries, gave us the opportunity to share our exciting visualization technologies with leaders in the oil and gas industry. Through onsite simulations we developed especially for the conference
U.S. and Ghanaian and maritime forces completed Africa Maritime Law Enforcement Partnership (AMLEP) 2015 operations, Feb. 24, 2015. The Military Sealift Command’s joint high-speed vessel USNS Spearhead (JHSV 1) and an embarked combined law enforcement detachment (LEDET), working in tandem with Ghanaian navy’s Western Naval Command Maritime Operations Center (MOC) and patrol vessels, were able to detect three vessels that were violating Ghanaian maritime law and cite them
Asia/Med peak season started badly as cargo growth from Asia to the Mediterranean was poor in June, which is an ominous sign for the rest of this year’s peak season. Containerized exports from Asia to the Mediterranean rose by only 1% between May and June, up to 415,000,000 teu, which does not auger well for the rest of the peak season. As the market is partly driven by tourism, much has to be in place before the end of August
DNV’s Enhanced Classification Rules for mobile offshore units presented in May have been further improved through a process of industry consultation and feedback. The final versions of the related DNV Offshore Standards have been released and are available now. “Our aim has been to take class a new step forward by focusing on control, transparency and efficiency. In addition - the intention has been to ensure that the latest best practices and innovations are rapidly implemented
Canada's largest and most diverse port has released its 2013 year-end results showing continued growth, including a repeat of record volumes in the container and bulk sectors. In 2013, Port Metro Vancouver also advanced several ongoing capacity building infrastructure projects, updated and extended environmental initiatives and participated in substantial community engagement activities. The 2013 year-end statistics report shows that Port Metro Vancouver handled 135 million metric tons of
To help customers around the world better understand the health of their equipment and optimize machine availability, Caterpillar Inc.today announced it has entered into a technology and predictive analytics agreement with Uptake, provider of a dynamic analytics and insight platform for a wide array of industries, based in Chicago, Illinois. Caterpillar has made a minority investment in Uptake and will jointly develop an end-to-end platform for predictive diagnostics to help
Dry bulk shipping company Golden Ocean Group Limited, while announcing its preliminary results for the quarter ended September 30, 2016, informed that it suffered a net loss of $26.7 million and a loss per share of $0.25 Highlights
Despite continued distressed market conditions ZIM announced today improved results for Q3 2016 on most parameters compared to Q2 2016. The company continues to out perform the industry average in Adjusted EBIT margins for the 7th consecutive quarter
Survitec Group, a provider of critical safety and survival technology to the marine and defence markets, has announced the completion of its merger with Wilhelmsen’s marine safety business. The deal includes the transfer of all Wilhelmsen Maritime Services AS (WMS)’
Danaos Corporation reports its results for the third quarter of 2016 in the aftermath of the bankruptcy of Hanjin Shipping, one of Danaos' large customers. Danaos' CEO Dr. John Coustas says: "As a result of the bankruptcy
Nakilat has announced its financial results for the third quarter ended 30 September 2016, where the Company’s net profit reached QR 749 million compared to QR 757 million for the same period last year. The Board of Directors stated that the company’s strategic long-term
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 37.6 percent drop in third-quarter net profit on Monday. The company's net profit for the three months to Sept. 30 was 318.4 million riyals ($84.92 million), down from 510
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and the logistics arm of Adani Group, today announced another stellar operational and financial performance for the quarter and half year ended September 30, 2016.
Braemar Shipping Services PLC reported a sharp decline in pretax profit for the first half of its financial year on Tuesday, hit by difficult conditions in a number of its key end markets, reports Alliance News. In August, Braemar warned its results for the year to the end of
Polarcus Limited announced release of its third quarter 2016 financial statements. HEADLINES Q3 2016: * Revenues of USD 64.6 million, down 5% from Q2 2016 * Contract revenues of USD 54.1 million, up 31% from Q2 2016 * Multi-Client revenues of USD 10
The announcement that three Japanese shipping groups will merge their liner shipping businesses is further evidence of survival M&A sweeping the industry according to global shipping consultancy Drewry. This morning Kawasaki Kisen Kaisha Ltd
Seaspan Corporation announced its financial results for the three and nine months ended September 30, 2016. Revenue edged up thanks to new additions to its fleet, including the delivery of one newbuild vessel during the quarter.
Royal Boskalis Westminster N.V. (Boskalis) closed the third quarter of 2016 in line with expectations. Both revenue and operating profit were higher than the average seen in the first two quarters of the year. The increase was wholly attributable to the contribution from the offshore activities
A record year for containership demolitions in 2016 has helped suppress total fleet growth close to the rate for demand. To repeat that feat the scrapping record will need to be smashed again, and again. There are multiple ways to measure the vitality of the container industry
Dynagas LNG Partners LP (DLNG) has reported third-quarter profit of $17.3 million. On a per-share basis, the company said it had net income of 44 cents. Earnings, adjusted for non-recurring costs, came to 49 cents per share.
Staff from Brisbane-based 1st Division/Deployable Joint Force Headquarters joined other Defence representatives for an amphibious force staff exercise in Townsville in October. Conducted by the Amphibious Task Group, the exercise provided an opportunity for personnel representing